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DiNapoli: As NYC Budget Stabilizes, New Risks Emerge
… Grants. Since budget adoption, the city has updated its FY 2025 projections to include $1.4 billion in higher … items creates risks to the city’s financial plan. In FY 2025, the city added $3.7 billion to address fiscal needs … $600 million in services which are currently not funded at FY 2025 levels in the coming years, including special …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-nyc-budget-stabilizes-new-risks-emergeDiNapoli Warns Changing Fiscal Landscape Could Increase Budget Challenges for Local Governments
… budget and maintaining proper accounting records. Report Boom or Bust? Federal Relief Aid and Local Government …
https://www.osc.ny.gov/press/releases/2025/02/dinapoli-warns-changing-fiscal-landscape-could-increase-budget-challenges-local-governmentsOpinion 89-8
… to establishment by school district in Adirondack Park) SCHOOL DISTRICTS -- Repair Reserve Fund (necessity for … to establishment by a school district in Adirondack Park) STATE COMPTROLLER -- Approval by (for establishment of repair reserve fund by school district in Adirondack Park) GENERAL MUNICIPAL LAW, §6-d; Education Law, §3651: A …
https://www.osc.ny.gov/legal-opinions/opinion-89-8New York's 529 College Savings Program Delivers $287 Million to College Students Since January
… New York’s 529 College Saving Program has helped New York students and families pay for more than $287 million in college-related expenses this … Thomas P. DiNapoli said today in recognition of 529 College Savings Day to be celebrated on Sunday, May 29. … New Yorks 529 College Saving Program has helped New York students and …
https://www.osc.ny.gov/press/releases/2016/05/new-yorks-529-college-savings-program-delivers-287-million-college-students-januaryDiNapoli: MTA Faces Growing Risks to Its Capital Funding
… the shortfall in capital funds by using its operating budget to pay for more borrowing, less money would be … create pressure to increase debt and impact the operating budget. Without additional money from better-than-anticipated … in long-term debt paid from the operating budget in 2023, a 14% increase. The MTA’s total outstanding debt is …
https://www.osc.ny.gov/press/releases/2024/05/dinapoli-mta-faces-growing-risks-its-capital-fundingSubway Recovery Tracker
… Jackson Heights/ 74th Street and Flushing-Main Street in Queens ranking among or near the top five hubs citywide for …
https://www.osc.ny.gov/osdc/subway-recovery-trackerDiNapoli: Many NYC Senior Citizens Remaining Too Long on DFTA Wait Lists for Services
… Too many seniors are waiting months on the New York City Department … to strengthen its oversight of service providers to ensure seniors are getting the support they depend on in a timely … placed on wait lists. DFTA reported that more than 39,000 seniors received case management services in the city’s …
https://www.osc.ny.gov/press/releases/2023/07/dinapoli-many-nyc-senior-citizens-remaining-too-long-dfta-wait-lists-servicesState Agencies Bulletin No. 2092
… limit for Tier 6 members of the New York City Employee Retirement System (NYCERS), New York City Teachers Retirement System (NYCTRS) and the New York City Board of Education Retirement System (NYCBERS) for the 2023 plan year is … is to notify agencies that the pensionable overtimachers Retirement System NYCTRS and the New York Ce OT earnings …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2092-2023-tier-6-overtime-limit-new-york-city-retirement-systemsDiNapoli: Probation Departments Failing to Get Restitution Payments to Victims
… More than half of probationers were behind on their restitution payments and … some funds languishing for years, according to a review of more than 340 cases at 13 county probation departments … Comptroller Thomas P. DiNapoli. “Restitution is a key part of the legal process that allows crime victims to recoup …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-probation-departments-failing-get-restitution-payments-victimsCUNY Bulletin No. CU-728
… for employees in the Assistant to Higher Education Officer (Assistant to HEO) and EOC Assistant to Higher Education Officer (EOC Assistant to HEO) titles, and to provide … for employees in the Assistant to Higher Education Officer Assistant to HEO and EOC Assistant to Higher …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/city-university-new-york/cu-728-february-2022-professional-staff-congress-psc-1000-generalDiNapoli: NYC Forecasts $965 Million Surplus Fueled by Federal Aid
… New York City forecasts a surplus of $965 million in the fiscal year ending in June 2022 (FY 2022), based largely on the receipt of $750 million in unrestricted federal aid, and projects … the city, thanks to strong market returns and the influx of federal funds,” DiNapoli said. “The city should capitalize …
https://www.osc.ny.gov/press/releases/2021/12/dinapoli-nyc-forecasts-965-million-surplus-fueled-federal-aidState Agencies Bulletin No. 2122
… Purpose The purpose of this bulletin is to inform agencies of the automatic system termination of … of the maximum effective dated row on Job Data, whichever is greater, using Action/Reason code TER/STE unless the … The purpose of this bulletin is to inform agencies of the automatic system termination of …
https://www.osc.ny.gov/state-agencies/payroll-bulletins/state-agencies/2122-automatic-system-termination-employees-not-paid-more-one-yearDiNapoli: System Glitch Left Too Many NYC Heat & Hot Water Complaints Ignored
… to a supposed original complaint. As a result, more than 800 complaints affecting 24 buildings were not investigated …
https://www.osc.ny.gov/press/releases/2020/09/dinapoli-system-glitch-left-too-many-nyc-heat-hot-water-complaints-ignoredDiNapoli: State Fiscal Year 2021-22 Tax Revenues $3.3 Billion Over Final Projections
… 2021-22 totaled $121.1 billion — $3.3 billion higher than forecast by the Division of the Budget (DOB) in the Amended Executive Budget financial plan released in February, and more than $30 billion higher than DOB’s initial forecasts … SFY 202122 totaled $1211 billion $33 billion higher than forecast by the Division of the Budget DOB in the Amended …
https://www.osc.ny.gov/press/releases/2022/04/dinapoli-state-fiscal-year-2021-22-tax-revenues-33-billion-over-final-projectionsDiNapoli Releases December State Cash Report
… P. DiNapoli. New York state also received $235 million in new monetary settlements during December. "Overall tax collections in December were close to reduced estimates from the mid-year … bonuses will influence whether current estimates are met in the final quarter of the fiscal year.” Through December, …
https://www.osc.ny.gov/press/releases/2017/01/dinapoli-releases-december-state-cash-reportOvertime at State Agencies Reached All-Time High in 2020
… York State Comptroller Thomas P. DiNapoli. Total overtime hours of 19 million increased 3.9 percent and total overtime … Three agencies performed most of the overtime in 2020: The Office for People With Developmental Disabilities (OPWDD), … and Community Supervision (Corrections) and the Office of Mental Health (Mental Health) made up 25 percent of …
https://www.osc.ny.gov/press/releases/2021/05/overtime-state-agencies-reached-all-time-high-2020NYS Common Retirement Fund Reports Third Quarter Results
… The Fund has consistently been ranked as one of the best managed and best funded plans in the nation. The Fund's fiscal year ends …
https://www.osc.ny.gov/press/releases/2021/02/nys-common-retirement-fund-reports-third-quarter-resultsXVII.2.D Federal M-Year Reminder – XVII. Lapsing Appropriations
… specifically exempted from the M-Year legislation, must be closed and remaining balances canceled by the lapse date. All …
https://www.osc.ny.gov/state-agencies/gfo/chapter-xvii/xvii2d-federal-m-year-reminderNYS Common Retirement Fund Reports Second Quarter Results
… and real assets (8.5 percent) and credit, absolute return strategies and opportunistic alternatives (5.3 percent). …
https://www.osc.ny.gov/press/releases/2020/11/nys-common-retirement-fund-reports-second-quarter-resultsDiNapoli: Silencing Excessive NYC Noise a Major Challenge
… 2010 and 2015, yet few complaints are ever found to be in violation of the city's Noise Code, according to a report , Noise in New York City Neighborhoods , released today by State … and examines the efforts to address them. "Noise in New York City is a significant quality of life and public …
https://www.osc.ny.gov/press/releases/2018/01/dinapoli-silencing-excessive-nyc-noise-major-challenge